U.S. Mint Produces 3.96 Billion Coins for Circulation in First Quarter

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Maya Angelou quarter - reverse
The U.S. Mint produced 480 million Maya Angelou quarters for circulation

The United States Mint produced over 3.96 billion coins for circulation during the first quarter of 2022, for the highest first quarterly total since 2017 when over 4.2 billion were struck.

As for March, the U.S. Mint pressed over 1.45 billion coins, marking the most since July, a quicker pace for a third month in a row, and posting increases of 15.3% from February and 28% from March 2021.

Here’s how the month compares against others in the past year:

March 2021 to March 2022 Circulating Coin Production

Month Mintages Rank
March 2022 1,452.58 M 3
February 2022 1,260.12 M 6
January 2022 1,249.84 M 7
December 2021 953.37 M 13
November 2021 1,104.7 M 12
October 2021 1,213.86 M 8
September 2021 1,169.28 M 10
August 2021 1,187.32 M 9
July 2021 1,505.24 M 1
June 2021 1,348.60 M 4
May 2021 1,473.06 M 2
April 2021 1,320.28 M 5
March 2021 1,134.84 M 11

 

The U.S. Mint’s main mission is to manufacture coins based on the nation’s demand and transport them to Reserve Banks and their coin terminals for distribution into circulation.

The Federal Reserve orders more 1-cent coins from the U.S. Mint than any other denomination even as data shows that it costs 2.1 cents to make and distribute each one. The Mint struck 780.4 million Lincoln cents in March, representing 53.7% of the circulating-quality coins produced last month.

Month-Over-Month

In month-over month comparisons for coins used daily by Americans, production totals in March saw:

  • 12.4% more Lincoln cents,
  • 12.8% fewer Jefferson nickels,
  • 37.4% more Roosevelt dimes, and
  • 19.4% more quarters.

Native American $1 coins are no longer ordered by the Federal Reserve, but they are still made in circulating quality for coin collectors. The same is true, or was until last year, for Kennedy half-dollars. Traditionally in January, the U.S. Mint produces both denominations to the expected amounts needed for the entire year. That turned true in 2021 for Native American dollars, but not for halves which saw their mintage last year increase in February, March, April, May and August.

Published mintages of 2022 Native American dollars were unchanged in March, with equal splits of 980,000 from Denver and 980,000 from Philadelphia for a combined 1.96 million coins. In contrast, the 2021 dollar logged splits of 1.26 million for Denver and 1.26 million for Philadelphia for 2.52 million coins.

Mintages for the 2022 Kennedy half-dollar also remained unchanged from January. They stand at 1.6 million from Denver and 1.6 million from Philadelphia for a total of 3.2 million. Last year’s half-dollar ended with a mix of 7.7 million from Denver and 5.4 million from Philadelphia for a combined 13.1 million.

The U.S. Mint started selling rolls, bags and boxes of 2022 Native American dollars on Feb. 9. Rolls and bags of 2022 Kennedy halves are scheduled for release on May 5.

Here’s a summary of all the circulating-quality coins produced last month:

U.S. Mint Circulating Coin Production in March 2022

Denver Philadelphia Total
Lincoln Cent 403,200,000 377,200,000 780,400,000
Jefferson Nickel 68,880,000 55,200,000 124,080,000
Roosevelt Dime 179,000,000 142,500,000 321,500,000
Quarters 112,800,000 113,800,000 226,600,000
Kennedy Half-Dollar 0 0 0
Native American $1 Coin 0 0 0
Total 763,880,000 688,700,000 1,452,580,000

 

Minting facilities in Philadelphia and Denver are tasked with making all U.S. coins for commerce. Last month, the Denver Mint made 763.88 million coins and the Philadelphia Mint made 688.7 million coins for the combined 1,452,580,000 coins.

First Quarter 2022

In first quarter 2022, the Denver Mint struck 2,083,600,000 coins and the Philadelphia Mint made 1,878,940,000 coins. They combine for a quarterly total of 3,962,540,000 coins, which is 23.2% more than the 3,217,760,000 coins minted in the first three months of last year.

This next table lists coin production totals by denomination and by U.S. Mint facility:

YTD 2022 Circulating Coin Production by Denomination

1 ¢ 5 ¢ 10 ¢ 25 ¢ 50 ¢ N.A. $1 Total:
Denver 1166M 204.72M 404.5M 305.8M 1.6M .98M 2083.6M
Philadelphia 1056.4M 177.36M 353M 289.6M 1.6M .98M 1878.94M
Total 2222.4M 382.08M 757.5M 595.4M 3.2M 1.96M 3962.54M

 

If the current production pace stretched through to December, the annual mintage for 2022 would top 15.8 billion coins. The U.S. Mint manufactured nearly 14.5 billion coins for circulation in 2021.

2022 Quarter Mintages

Lastly, in addition to the 2022 Native American dollar with its one-year-only design, the U.S. Mint has released the first two issues from their four-year program of American Women Quarters™. Each features a unique design.

2022 Maya Angelou quarters began circulating in early January. (The Mint started selling collectible Maya Angelou quarters in rolls and bags on Feb. 7.) According to U.S. Mint spokesman Michael White, the mintage total for the Maya Angelou quarter is 480 million.

2022 Dr. Sally Ride quarters began circulating toward the end of March. (The Mint started selling collectible Dr. Ride Sally Angelou quarters in rolls and bags on March 22.) White noted that the mintage for the Ride quarter had reached 109.4 million as of April 5.

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Rich

You’re on First and SENZA’s at Bat, and you’re talking to yourself. What a set-up for a grand slam.

Let’s empty those jugs!

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Antonio

Kaiser Wilhelm on First, Rich on Second, I’m on Third and SENZA’s at bat. I hear a joke in this. Who’s on First? lol.

Rich

Three on a Match!
Where’s SENZA?

Rich

Or SENZA’s “Shot in the Dark”…

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Antonio

TNT, it’s dynamite!

Last edited 11 months ago by Antonio
SENZA

I Salute You Antonio,

Rosie looks good after Midnight —– https://www.youtube.com/watch?v=Il-usrZxGns

04-19-2022_007.jpg
Antonio

Speaking of beer and looking good after midnight https://www.youtube.com/watch?v=W16qzZ7J5YQ

SENZA

When I Roll into the Pub – I only have one question https://www.youtube.com/watch?v=7iF26wKF-_M

04-19-2022_005.jpg
SENZA

That’s a Hidden Gem for sure – what the heck happened to these guys after the 80’s? https://www.youtube.com/watch?v=BqDjMZKf-wg

04-22-2022_009.jpg
SENZA

Rich and Antonio, you guys Shoot to Thrill and you have succeeded https://www.youtube.com/watch?v=xRQnJyP77tY

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Rich

Its about as wise as playing with a Live Wire.

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SENZA

Hey Rich, What up?

Shout outs to Morgan and Daniel

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SENZA

When the red dot is off to the south but still does the job

04-18-2022_106.jpg
SENZA

She ain’t much to look at but you can get your taxes for free.

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SENZA

Antonio, Antonio, Antonio, the joke is on you my friend because Kaiser is on first and here’s something to wash that bitter pill down

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Antonio

We’re all in it together.

SENZA

Hold on Guys I’m comin’ https://www.youtube.com/watch?v=8T3BhEikz6E

04-19-2022_008.jpg
Last edited 11 months ago by SENZA
Antonio
SENZA

Thanks now I can’t stop laughing and people are looking at me like WTF dude https://www.youtube.com/watch?v=kgUAQRHZ86M

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SENZA

Nice Jugs

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SENZA

Ben Hogan Nah

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SENZA

Brooke Hogan maybe

SENZA

🙂

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Gene Murray

All of them 4 Billion new MAYA Quarters.

Antonio

A real Paulaner girl! 🙂

SENZA

You guys need to get out more

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SENZA

I know what Kaiser did today – he took both pills because nobody said you couldn’t

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Antonio

I’m so confused

SENZA

It happens every time Kaiser has that extra breath – my head just bounced off my desk and there is drool all over the keyboard but it was a good nap

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SENZA

Damn lightweights

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Rich

Sir Kaiser, I agree, the best beer and food is found in Germany’s Bavaria region.

SENZA

That was my high school beer and my favorite Nudie bar used to keep it on ice for me until I developed that insatiable appetite for

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SENZA

The more you drink the bigger they get

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Gene Murray

Thats’ probably where the New Quarters are hiding.

Antonio

It’s a beautiful coin. Surprisingly, even bank tellers haven’t seen it yet. The Sally Ride Quarter should be out now but I’ve yet to come across one. I really like the Washington obverse. 90 years later it finally graces our quarter dollars.

SENZA

And they are FREE now but don’t tell those guys who paid $300 for a 3 Roll Set on Feebay. I have even seen (S) in circulation because somebody needed a new crack pipe

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Antonio

Free money? Where do I find this free money? Aside from finding it on the sidewalk.

Antonio

Coming to your change soon. Oh, I forgot, there’s a change shortage.

Rich

US Mint: 2022 The Year of the Clad

“Silver? We ain’t got no silver! We don’t need no silver! I don’t have to show you any stinking silver!” 

Antonio

There hasn’t been silver in my change since, oh, the ’60s.

SENZA

Rich, that just stinks Bro

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Antonio

So that’s where that saying came from, I don’t give a

SENZA

🙂 It was all caused by the Trumpster’s re-election strategy

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Last edited 11 months ago by SENZA
Rich

SENZA Attacks!

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Antonio

Ack, ack, ack, ack.

SENZA

Let’s Rock N Roll

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Rich

Unleash Your Big Willy!

big willy.jpg
SENZA

Don’t step on Slick Willie

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SENZA

I’m deeply hurt

04-22-2022_014.jpg
SENZA

It’s time to join the Resistance

04-19-2022_014.jpg
SENZA

Just being there is 99.9% of the excitement

SENZA

Gotcha!

Clarification this is Kaiser busted talking to himself – not that we would ever want him to stop but hopefully he understands it’s as much fun catching him as he has doing it.

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SENZA

Here little piggy

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SENZA

OFFICIAL ULTIMATE FIRST ON THREAD “COIN AWARD”

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SENZA

Kaiser, change (no pun) like that doesn’t come easy – your gonna have to fight for it and watch out for those Booby Traps https://www.youtube.com/watch?v=eBShN8qT4lk

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Last edited 11 months ago by SENZA
Rich

The Dr. Ride Sally Angelou Quarters May Wong

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SENZA

That so Wong even me not reliefed

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SENZA

That one takes the cake – thread closed I declare Kaiser the Winner

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Gene Murray

I HAVE NOT SEEN THE FIRST NEW COINS OF ANY TYPE ESPECIALLY THE NEW KENNEDYS< AND WOULD LIKE TO KNOW WHERE THEY ARE GOING< OTHER PEOPLE WOULD LIKE A CHANCE TO GET SOME OF THESE NEW COINS INSTEAD OF THE COIN COLLECTORS< AND THE BANKS HOARDING THEM FOR THE COLLECTORS AND MAKING A LOT MORE MONEY OFF OF THEM THEN THEY ARE WORTH, HOW DO I JUST ORDER A COUPLE SO I COULD GIVE THEM TO MY GRANDKIDS BEFORE THEY ARE EAT UP BY THESE COLLECTORS BUYING THEM FROM THESE BAKS FOR A PREMIUM!!!!!!!!!

Gene Murray

FOUR BILLION COINS AND 800 MILLION PEOPLE OR MORE, PLUS THE COLLECTORS EATING THEM UP AS FAST AS THEY HIT THE BANKS OR BEFORE THEY EVEN HIT THE BANKS AND THE BIG COIN COMPANIES GETTING THEIR HANDS ON THEM FIRST THEN SELLING THEM FOR A PREMIUM, WHERE ARE OUR RIGHTS????

Gene Murray

I’d like to know where all of the coins are going that are going into these COIN STAR Machines, they are Billions each day dropped into these Machines and we know that the Government is grabbing the Copper and Silver that is going into them and Melting them down for the GOVERNMENT.

Gene Murray

Yea, and we can’t find the First One since they put them into the grips of the Government Collectors!!!!!!!!!!!!!!!!!!!!!!!!

Duane Matthews

It’s very interesting information when I was a kid I was into coins and stamps lost interest in it now I’m 52 years old and bored so I’ve gotten back into it the last couple years all the information is cool